Total Variable Costs definition
Total Variable Costs has the meaning given in Paragraph 1.4 of Schedule 3 (Calculation of Base Cost Unit Estimate);
Total Variable Costs means the aggregate cost of the items listed on Schedule III attached hereto and incorporated herein by this reference as determined annually in good faith by Terminal Company for the twelve months ending each March 31.
Total Variable Costs means the Total Floating Costs incurred by the Organizer in organizing the Event in accordance with the Financial Budget Statement (including, without limitation, taxes, venue commissions and all Floating Costs (if any) that have been increased by mutual agreement as confirmed by the Parties in accordance with Clause 3.2 below).
Examples of Total Variable Costs in a sentence
The Total Variable Costs shall be subject to audit at User's sole cost and expense by an auditor from a mutually acceptable internationally recognized audit firm which is not the auditor for Terminal Company, User, or an affiliate of Terminal Company or User.
The auditor shall verify each line item of the Total Variable Costs, but shall not provide User with detailed information with regard to such Total Variable Costs.